Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) to Issue Monthly Dividend of $0.80

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) announced a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be paid a dividend of 0.8045 per share on Wednesday, April 2nd. This represents a $9.65 dividend on an annualized basis and a dividend yield of 81.13%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 2.7% increase from Defiance Oil Enhanced Options Income ETF’s previous monthly dividend of $0.78.

Defiance Oil Enhanced Options Income ETF Price Performance

USOY traded down $0.77 during trading on Tuesday, reaching $11.90. 110,994 shares of the stock traded hands, compared to its average volume of 69,970. The stock’s 50-day simple moving average is $13.12 and its two-hundred day simple moving average is $14.18. Defiance Oil Enhanced Options Income ETF has a fifty-two week low of $11.75 and a fifty-two week high of $20.47.

About Defiance Oil Enhanced Options Income ETF

The Defiance Oil Enhanced Options Income ETF (USOY) is an exchange-traded fund that mostly invests in crude oil commodities. The fund is an actively managed fund that employs a put options strategy that emphasizes current income while providing exposure to the price of United States Oil Fund (USO). The underlying fund holds short-term futures contracts on WTI crude oil.